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[–] 105 points 9 months ago (6 children)

AI works, we lose our jobs.

AI doesn't work, bubble pops, we lose our jobs.

AI sorta kinda works, wages get depressed and things turn into a dystopian hellhole.

Not that much reason to be positive and he doesn't know how to fix it.

Huang doesn’t have a solution for the very real risk of job displacement

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  • [–] 4 points 9 months ago* (3 children)

    Isn't the optimal situation here that AI doesn't really work but we all keep believing the bubble?

    Wow the tech bros are just tryna save us

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  • [–] 3 points 9 months ago (2 children)

    That's what they've been trying to do by coming up with the next new shiny thing to invest in. Remember Blockchain, NFT and the like.

    Still, the layoffs are here, so even if the bubble gets its time extended it won't help the situation for many.

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  • [–] 1 point 9 months ago (1 child)

    I'm not in the USA but layoffs happen all the time when the economy contracts, the thing is they always need an excuse, and I don't know is AI is really eating up jobs (I sort of doubt it, at least for now) but man is it the best excuse ever.

    How I see the USA:

    Henderson, how's the Q2 forecast?

    Not good, we need $1M!

    Just fire 10 people!!

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